The global automotive chassis market is projected to develop at a compound annual growth rate of 5.59% from 2021 to 2026.
Recent Developments:
The Japanese worldwide combination Toshiba Digital and Consulting Corporation (TDX) and the Spanish Gestamp, a world chief in metallic segments for autos, have reported their participation in an undertaking to carry progressed observing and investigation to the welding of car chassis parts.
Reducing weight has become one among the most well liked topics within the automotive manufacturing sector, driven largely by the necessity to scale back emissions to suit ever-decreasing targets.
The coronavirus pandemic has tremendously affected the automobile industry and its associated businesses like automotive chassis market. The government-imposed lockdown has affected the market for these chassis systems for automobiles, as manufacturers around the world halted the manufacturing process and also the unavailability of skilled labor due to regulations of social distancing. COVID-19 is an unparalleled global public health emergency that has affected nearly every industry, therefore, by and, the long-term effects expected to impact industry growth during the forecast period. Our ongoing research is expanding our research framework to ensure the underlying issues of coronavirus on the target market.
Drivers and Restraints of Automotive chassis:
Drivers:
The main factors driving the expansion of the global market for automotive chassis systems include the growing demand for energy efficient vehicles, increased technological innovations and advancements, and increased automotive production. On the contrary, fluctuating prices of staple and decreasing vehicle ownership thanks to increasing shared mobility are a number of the factors that might restrain the expansion of the market. However, rising electric vehicle production is anticipated to supply lucrative opportunities for the expansion of the market. Also, the event of ultra-light chassis systems, which makes way for brand spanking new companies to enter the market without much R&D investment, is predicted to supply opportunities for the market growth.
Restraints:
The raw materials used for manufacturing of the automotive chassis system mainly consists of steel, aluminum alloys, etc. Therefore, the value of metals, such as aluminum, carbon, etc., used in the manufacture of chassis systems are increasing in some regions of the world, due to the reform of the European emissions trading system. These factors are anticipated to hinder the adoption of those metals for manufacturing of chassis systems. Therefore, fluctuations in the prices of raw materials used in chassis systems are supposed to slow down the expansion of the world market.
By Component
By Chassis System
Car makers are creating chassis framework with developments and headways because of expanding interest for premium and improved execution vehicles. For instance, AUDI AG, one of the main automakers, presented the new Audi A6, which comprises of a normally weighted electric force directing and a dynamic chassis mode that empowers programmed choke moving and improves the driving experience and driving even on mountain streets, encouraging an interest for a particularly extravagant vehicle. Hence, developments and innovative headways in body frameworks will drive the extension of the worldwide automotive chassis market.
By Vehicle Type
In electric vehicle type, skateboard frame will pick up greater piece of the overall industry during the anticipated period. Skateboard chassis comprises of an edge that licenses it to convey the enormous battery pack that traverses the entire territory of the casing for example between the four wheels close by the suspension, brakes, and along these lines the barrel shaped engines. Besides, this undercarriage framework can uphold diverse body styles for different applications.
Automotive chassis Market Region wise analysis:
Marked Segmentation based on the region:
a. Middle East
b. Africa
Europe has a significant share of the global automotive chassis market due to the presence of the leading OEMs in this area. Asia Pacific is supposed to point out significant growth in the outlook period. Various reasons like increase of per capita income of the country, much less concentration of automobile as compared to Europe and America and government initiatives within the countries like China and India to market manufacturing, also will contribute towards the expansion of this local market.
Key Players of Market:
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Automotive Chassis Market, By Component
6.1.1 Tie-Rods
6.1.2 Stabilizer Links
6.1.3 Suspension Ball Joints
6.1.4 Cross-Axis Joints
6.1.5 Control Arms
6.1.6 Knuckles & Hubs
6.1.7 Market Size Estimations & Forecasts (2021-2026)
6.1.8 Y-o-Y Growth Rate Analysis
6.1.9 Market Attractiveness Index
6.2 Automotive Chassis Market, By Chassis System
6.2.1 Front Axle
6.2.2 Rear Axle
6.2.3 Corner Modules
6.2.4 Active Kinematics Control
6.2.5 Market Size Estimations & Forecasts (2021-2026)
6.2.6 Y-o-Y Growth Rate Analysis
6.2.7 Market Attractiveness Index
6.3 Automotive Chassis Market, By Vehicle Type
6.3.1 Cars
6.3.2 Light Commercial Vehicles
6.3.3 Heavy Commercial Vehicles
6.3.4 Construction Equipment Vehicles
6.3.5 Defense Vehicles
6.3.6 Farm Tractors
6.3.7 Market Size Estimations & Forecasts (2021-2026)
6.3.8 Y-o-Y Growth Rate Analysis
6.3.9 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Component
7.2.3 By Chassis System
7.2.4 By Vehicle Type
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Component
7.3.3 By Chassis System
7.3.4 By Vehicle Type
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Component
7.4.3 By Chassis System
7.4.4 By Vehicle Type
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Component
7.5.3 By Chassis System
7.5.4 By Vehicle Type
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Component
7.6.3 By Chassis System
7.6.4 By Vehicle Type
8. Key Player Analysis
8.1 American Axle & Manufacturing
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Robert Bosch GmbH
8.3 ZF Friedrichafen
8.4 Magna International Inc.
8.5 Aisin Seiki Co.
8.6 Continental AG
8.7 Hyundai Mobis
8.8 Schaeffler AG
8.9 Benteler International AG
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
